Gas Prices Are Headed Nowhere, But Up

CHICAGO (February 17, 2013)-- The average price for a gallon of gasoline across the U.S. is up to $3.67 a gallon, an increase of 12 cents in the past week and 42 cents in the past month, and oil analyst Patrick DeHaan, with, says the reason, as usual, is the rising price of oil.

DeHaan said he's surprised to see the price jump so high in February when demand is normally low.

He said he’s now concerned about what might happen next month.

“Traditionally gas prices rise anywhere from 40 to 60 cents a gallon in late March through early May," he said.

If that happens this year "it will easily send the national average over $4.00 a gallon,” he said.

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